{"id":6577,"date":"2026-10-24T01:00:22","date_gmt":"2026-10-24T01:00:22","guid":{"rendered":"https:\/\/digitalmarkettrends.com\/index.php\/2026\/10\/24\/dow-falls-1-25-as-oil-tops-117-and-investors-await-fed-big-tech-earnings\/"},"modified":"2026-10-24T01:00:22","modified_gmt":"2026-10-24T01:00:22","slug":"dow-falls-1-25-as-oil-tops-117-and-investors-await-fed-big-tech-earnings","status":"publish","type":"post","link":"https:\/\/digitalmarkettrends.com\/index.php\/2026\/10\/24\/dow-falls-1-25-as-oil-tops-117-and-investors-await-fed-big-tech-earnings\/","title":{"rendered":"Dow falls 1.25% as oil tops $117 and investors await Fed, big tech earnings"},"content":{"rendered":"
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US stocks ended lower on Friday as losses spread beyond technology shares, while rising oil prices and renewed concerns over the US-Iran conflict added pressure to markets. <\/p>\n

Investors also looked ahead to a busy week of corporate earnings and the Federal Reserve’s upcoming interest-rate decision.<\/p>\n

The Dow Jones Industrial Average fell 1.25%, or about 659 points, to 52,209.16. <\/p>\n

The S&P 500 declined 0.52% to 7,623.86, while the Nasdaq Composite lost 0.21% to close at 25,955.34.<\/p>\n

Despite Friday’s declines, the Dow gained 0.4% over the week. The S&P 500 fell 0.5%, while the Nasdaq lost 0.7%.<\/p>\n

Oil prices rise as Middle East tensions weigh on stocks<\/h2>\n

Energy prices climbed<\/a> as renewed concerns about the conflict involving the US, Israel and Iran raised the risk of further disruption to Middle Eastern oil supplies.<\/p>\n

West Texas Intermediate crude futures rose 3.8% to settle at $103.34 a barrel, while Brent crude gained 3.25% to $116.85. Brent’s settlement was its highest since April.<\/p>\n

The rally followed reports that the US and Israel could be preparing plans for renewed attacks on Iran. <\/p>\n

Iran has indicated that it is prepared to retaliate, adding to uncertainty over the conflict’s potential impact on energy markets.<\/p>\n

The energy sector reached a record high on Friday, making it a notable exception to the broader market weakness. <\/p>\n

However, higher oil prices also raised concerns about inflation and the potential pressure on household spending.<\/p>\n

University of Michigan data showed US consumer sentiment slipped close to a record low in October as rising prices linked to the Middle East conflict weakened households’ views of the economy.<\/p>\n

Dow stocks fall as weakness spreads beyond technology<\/h2>\n

Selling pressure extended across several sectors on Friday, including consumer staples, utilities and healthcare. <\/p>\n

Financial stocks also weakened, contributing to the Dow’s decline.<\/p>\n

American Express fell more than 3%<\/a> after announcing plans to reduce its global workforce by about 5%, citing preparations for the growing use of artificial intelligence. <\/p>\n

Caterpillar declined around 2%, while Goldman Sachs lost more than 1%.<\/p>\n

Telecommunications stocks also came under pressure<\/a> following a report that SpaceX was seeking access to thousands of cellular sites as it explores plans to become a fourth nationwide wireless carrier.<\/p>\n

Technology shares were comparatively resilient after the previous session’s sell-off. <\/p>\n

Microsoft edged higher, while Micron Technology gained 2.5%<\/a> and Advanced Micro Devices rose 1.7%<\/a>.<\/p>\n

Investors have been reassessing the outlook for AI-related stocks amid concerns about the scale of borrowing required to finance data centres and the potential impact of higher interest rates. <\/p>\n

However, recent corporate earnings have provided some support for the sector.<\/p>\n

The 10-year US Treasury yield rose more than four basis points to around 4.999% on Friday, returning above the 5% level after briefly falling below it a day earlier.<\/p>\n

Fed decision and Big Tech earnings in focus<\/h2>\n

Investors are preparing for a significant week of corporate results and monetary policy developments.<\/p>\n

About one-third of S&P 500 companies are scheduled to report quarterly earnings next week, including Alphabet, Microsoft and Amazon. <\/p>\n

Their capital expenditure forecasts will be closely watched for indications of whether spending on AI infrastructure will continue to expand at its current pace.<\/p>\n

LSEG IBES data indicated that S&P 500 companies were on track to increase earnings by more than 32% in the third quarter, supporting the broader market’s gains this year.<\/p>\n

The Federal Reserve is widely expected to leave interest rates unchanged at its Wednesday meeting. <\/p>\n

Investors will nevertheless look for signals about whether policymakers could raise rates in December.<\/p>\n

Markets are also monitoring the November 3 US midterm elections, which will determine control of Congress. <\/p>\n

Together, corporate earnings, interest-rate expectations and geopolitical risks could shape the direction of US stocks in the coming week.<\/p>\n

The post Dow falls 1.25% as oil tops $117 and investors await Fed, big tech earnings<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

US stocks ended lower on Friday as losses spread beyond technology shares, while rising oil prices and renewed concerns over the US-Iran conflict added pressure to markets. Investors also looked ahead to a busy week of corporate earnings and the Federal Reserve’s upcoming interest-rate decision. The Dow Jones Industrial Average fell 1.25%, or about 659 […]<\/p>\n","protected":false},"author":1,"featured_media":6578,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-6577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/posts\/6577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/comments?post=6577"}],"version-history":[{"count":0,"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/posts\/6577\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/media\/6578"}],"wp:attachment":[{"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/media?parent=6577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/categories?post=6577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitalmarkettrends.com\/index.php\/wp-json\/wp\/v2\/tags?post=6577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}